Eastern Europe: Radar Apparatus Market 2024

Radar Apparatus Market Size in Eastern Europe

The East European radar apparatus market skyrocketed to $X in 2022, with an increase of X% against the previous year. The total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2018 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Radar Apparatus Production in Eastern Europe

In value terms, radar apparatus production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Radar Apparatus Exports

Exports in Eastern Europe

In 2022, after seven years of growth, there was significant decline in shipments abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, when their volume decreased by X% to X units. Overall, exports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of X units, and then reduced in the following year.

In value terms, radar apparatus exports contracted to $X in 2022. In general, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Poland (X units) and Hungary (X units) represented roughly X% of total exports in 2022. The Czech Republic (X units) ranks next in terms of the total exports with a X% share, followed by Romania (X%). Estonia (X units), Lithuania (X units) and Belarus (X units) took a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Hungary (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest radar apparatus supplying countries in Eastern Europe were Hungary ($X), Poland ($X) and Lithuania ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price, however, saw a noticeable curtailment. The pace of growth was the most pronounced in 2016 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Lithuania ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the other leaders experienced mixed trends in the export price figures.

Radar Apparatus Imports

Imports in Eastern Europe

In 2022, after three years of growth, there was significant decline in overseas purchases of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, when their volume decreased by X% to X units. Total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The growth pace was the most rapid in 2014 when imports increased by X%. The volume of import peaked at X units in 2021, and then reduced in the following year.

In value terms, radar apparatus imports rose notably to $X in 2022. Total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Poland (X units) represented the largest importer of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, comprising X% of total imports. Hungary (X units) took the second position in the ranking, followed by the Czech Republic (X units), Russia (X units), Slovakia (X units) and Romania (X units). All these countries together took approx. X% share of total imports. Bulgaria (X units) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to radar apparatus imports into Poland stood at X%. At the same time, Hungary (X%), Slovakia (X%), Bulgaria (X%), Romania (X%) and Russia (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. The Czech Republic experienced a relatively flat trend pattern. From 2012 to 2022, the share of Poland, Hungary and Slovakia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest radar apparatus importing markets in Eastern Europe were Poland ($X), the Czech Republic ($X) and Hungary ($X), with a combined X% share of total imports.

Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Slovakia ($X per unit), while Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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